Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Extra Space Storage's shares outstanding for the quarter that ended in Mar. 2026 was 211 Mil.
Extra Space Storage's quarterly shares outstanding
increased
from Dec. 2025 (211 Mil) to Mar. 2026 (211 Mil).
It means Extra Space Storageissued new shares from Dec. 2025 to Mar. 2026 .
Extra Space Storage's annual shares outstanding
declined
from Dec. 2024 (212 Mil) to Dec. 2025 (211 Mil).
It means Extra Space Storagebought back shares from Dec. 2024 to Dec. 2025 .
Extra Space Storage (MEX:EXR) Shares Outstanding (EOP) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Extra Space Storage Shares Outstanding (EOP) Related Terms
Extra Space Storage Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Extra Space Storage's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Extra Space Storage Shares Outstanding (EOP) Chart
MEX:EXR vs EGP, LINE, CUBE: Shares Outstanding (EOP) Comparison
For the REIT - Industrial subindustry, Extra Space Storage's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Extra Space Storage Shares Outstanding (EOP) vs REITs Industry
For the REITs industry and Real Estate sector, Extra Space Storage's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Extra Space Storage's Shares Outstanding (EOP) falls into.
Extra Space Storage Shares Outstanding (EOP) Calculation
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 211 Mil mean?
Extra Space Storage (MEX:EXR) has a Shares Outstanding (EOP) of 211 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Extra Space Storage and its competitors.
Is Extra Space Storage's Shares Outstanding (EOP) too high?
Extra Space Storage's current Shares Outstanding (EOP) is 211 Mil. Overall, Extra Space Storage has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Extra Space Storage's Shares Outstanding (EOP) compare to EGP and LINE?
Extra Space Storage's Shares Outstanding (EOP) of 211 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a REITs company?
A good Shares Outstanding (EOP) depends on the REITs industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Extra Space Storage and its competitors. Extra Space Storage's current Shares Outstanding (EOP) is 211 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Extra Space Storage stock overvalued right now?
Extra Space Storage (MEX:EXR) has a current Shares Outstanding (EOP) of 211 Mil. The stock's GF Value™ is MXN2,598.77, compared to a current price of MXN2,607.33 — trading 0.3% above its estimated fair value. The current Shares Outstanding (EOP) is 211 Mil. Extra Space Storage's overall GF Score™ is 92/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Extra Space Storage (MEX:EXR), the current Shares Outstanding (EOP) is 211 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Extra Space Storage (MEX:EXR) Overvalued in 2026?
Based on GuruFocus' analysis, Extra Space Storage stock appears to be overvalued.
The current stock price of MXN2,607.33 is trading 0.3% above its estimated GF Value™ of MXN2,598.77.
Key valuation signals for MEX:EXR:
Shares Outstanding (EOP): 211 Mil
GF Value™: MXN2,598.77 vs. price of MXN2,607.33 (0.3% above fair value)
No single metric tells the full story. See the MEX:EXR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages more than 4,200 self-storage properties in 43 states, with over 330 million net rentable square feet of storage space. Of these properties, approximately one half is wholly owned, while some facilities are owned through joint ventures and others are owned by third parties and managed by Extra Space Storage in exchange for a management fee.
92GF Score
Get the complete analysis for MEX:EXR
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:EXR has been successfully added to your 
